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Singapore’s central bank maintains monetary policy amid improved global trade conditions and stronger-than-expected economic growth in Q2 2025
Singapore's central bank, the Monetary Authority of Singapore (MAS), has decided to maintain its current monetary policy settings, keeping the rate of appreciation...
Portugal Appoints OECD’s Álvaro Santos Pereira as New Central Bank Governor Amid Political Tensions
Portugal's center-right government has appointed Álvaro Santos Pereira, former OECD chief economist and ex-economy minister, as the new central bank governor, replacing Mário...
Morocco’s central bank explores digital currency for cross-border payments
Morocco's central bank, Bank Al-Maghrib, is actively exploring the implementation of a central bank digital currency (CBDC) to enhance peer-to-peer and cross-border payment...
Lebanon’s Central Bank Bans Interactions with Hezbollah’s Financial Arm
Lebanon's central bank has issued a directive prohibiting all licensed financial institutions from engaging in any direct or indirect transactions with Al-Qard Al-Hassan,...
Southend Airport closed until further notice after fireball following small plane crash
A tragic incident unfolded at London Southend Airport when a small plane crashed shortly after takeoff, resulting in a massive fireball and prompting...
Small passenger plane crashes near London, causing massive fireball
A tragic incident unfolded on Sunday, July 13, 2025, at London Southend Airport in Essex, when a small passenger plane crashed shortly after...
Chile’s June 2025 consumer prices drop 0.4%, the steepest since 2023, sparking speculation of a potential 25-basis-point rate cut by the central bank
Chile's consumer prices experienced a 0.4% decline, marking the first monthly drop of the year and the steepest since late 2023. This unexpected...
Bhutan’s central bank reports a significant profit increase, surpassing Nu 5 billion as of April 30, 2025, compared to the same period last year.
The Royal Monetary Authority (RMA), Bhutan's central bank, has reported a significant profit increase, surpassing Nu 5 billion as of April 30, 2025,...
African Development Bank Elects New President Amid Funding Challenges
Sidi Ould Tah, a seasoned Mauritanian economist, has been elected as the ninth president of the African Development Bank (AfDB), succeeding Nigeria's Akinwumi...
Emerging Markets: Navigating Post-Pandemic Economic Recovery
Emerging markets are demonstrating resilience and adaptability as they navigate the post-pandemic economic landscape. While challenges persist, several regions are showcasing promising growth...
